
Future Perfect Ventures
Description
Future Perfect Ventures (FPV) is a New York City-based early-stage venture capital firm, founded by veteran investor Jalak Jobanputra. The firm is a pioneering investor in the decentralized technology space, with a core focus on blockchain, cryptocurrency, artificial intelligence (AI), and the Internet of Things (IoT). FPV's investment thesis centers on identifying and supporting companies that are building the foundational layers of the next generation of the internet, emphasizing transparency, efficiency, and disintermediation.
Since its inception, FPV has established itself as a significant player in the nascent but rapidly growing decentralized tech ecosystem. The firm primarily targets Seed and Series A rounds, seeking out visionary founders who are leveraging cutting-edge technologies to disrupt traditional industries and create new markets. Their portfolio includes notable companies such as Blockstream, Abra, Aza Finance (formerly BitPesa), Everledger, Figure Technologies, and ConsenSys, showcasing a diverse range of applications within their core focus areas.
Future Perfect Ventures has demonstrated consistent growth in its investment capacity. The firm successfully closed its first fund, Fund I, at $30 million in 2014, establishing its early commitment to the blockchain and emerging tech sectors. Building on this success, FPV announced the closing of its second fund, Fund II, at $50 million in 2021. This increased capital base allows FPV to continue its strategic investments in promising early-stage companies, providing crucial financial and strategic support as they scale.
FPV's long-term vision is to foster a more open, secure, and efficient digital future through its investments. By backing innovative startups at critical early stages, the firm plays a vital role in shaping the landscape of decentralized technologies, contributing to the development of robust and impactful solutions across various industries.
Investor Profile
Future Perfect Ventures has backed more than 58 startups, with 0 new investments in the last 12 months alone. The firm has led 3 rounds, about 5% of its total and boasts 3 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Seed, Series A, Pre Seed rounds (top funding stages).
- Majority of deals are located in United States, Kenya, United Kingdom.
- Strong thematic focus on Blockchain, Financial Services, Software.
- Typical check size: $500K – $2M.
Stage Focus
- Seed (60%)
- Series A (24%)
- Pre Seed (5%)
- Series Unknown (3%)
- Corporate Round (2%)
- Angel (2%)
- Initial Coin Offering (2%)
- Series B (2%)
Country Focus
- United States (71%)
- Kenya (7%)
- United Kingdom (7%)
- India (5%)
- Canada (3%)
- Cayman Islands (2%)
- Nigeria (2%)
- Turkey (2%)
Industry Focus
- Blockchain
- Financial Services
- Software
- Cryptocurrency
- Finance
- Fintech
- Information Technology
- Bitcoin
- Payments
- Financial Exchanges
Frequently Asked Questions
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